APR full-year outlook on track

Temporary power provider APR Energy yesterday unveiled revenues of $87.2m (£57m) in the first half of the year, in line with expectations. The company also said it had secured a $150m term loan expansion of its credit facilities from $400m to $550m, arranged by a consortium of banks. Full-year outlook remains unchanged and the firm expects to spend around $250m on further expansion of its gas turbine fleet. Total capex will be in line with analysts’ expectations.